4th International ISRA Colloquium  664

Start Date : 25th August 2014
End Date : 25th August 2014
Venue : Sasana Kijang, Bank Negara Malaysia
Country : Canada
Total participant : 0
Total Interested : 0
Institution :
Url : https://www.isra.my/4th-international-isra-colloquium-iicif-2014/


IICIF 2014 was held on 3-4 September 2014 (Wednesday and Thursday) at Lanai Kijang, Bank Negara Malaysia in conjunction with the Global Islamic Finance Forum (GIFF 2014). IICIF 2014 has yet again been proved to be the international platform for the global Islamic Finance (IF) community, as the two-day program was well-received by academia and practitioners alike from all over the world. From the presentation of the topics to the intensive discussions during Q&A sessions, the interest and enthusiasm of the learned participants was constantly high.

This event attracted 197 delegates comprising scholars, academicians, practitioners in Islamic financial institutions, postgraduate students and representatives of universities from Malaysia, Indonesia and Algeria. In total, 23 papers were presented (excluding ISRA papers).


Academic partners for this year’s event were Universiti Kebangsaan Malaysia (UKM), Universiti Teknologi Mara (UiTM), Universiti Sultan Zainal Abidin (UNiSZA), University of Malaya, Malaysia, Universiti Sains Islam Malaysia, Malaysia, International Centre for Education in Islamic Finance (INCEIF), Sekolah Tinggi Ekonomi Islam Tazkia (TAZKIA)-Indonesia, Universitas Airlangga-Indonesia, Universitas Muhammadiyah Yogyakarta-Indonesia, and University of Ferhat Abbas, Setif -Algeria.

The two-day event consisted of a total of four main sessions: a morning session and an evening session for each day. All the sessions were dedicated to the presentations of the selected research papers from the participating universities.


ISRA Award Distribution Ceremony:

On day 2, the two-day event came to an end with the award distributing ceremony. There were two categories in which the awards were distributed: 1) Award for the Best Paper from an Individual, and 2) Award for the Best Paper from University. The award consisted of cash prize and certificate; and was sponsored by MASB and MEPS, and distributed by the Group Managing Director of MEPS, Mr. Zulkanain Kassim.

The Chairperson of Award Selection Committee, Dr Shamsiah Mohamad, expressed her appreciation for all the papers presented and stated that the award was a way to encourage the participants. Other papers were almost equally important and well-written. It was indeed a tough decision to make and the winners of the ISRA Best Paper Award should deserve a heartiest congratulation.

In the category of Award for the Best Paper from an Individual, the first best paper award was given to Mr. Ascarya from Bank Indonesia for the paper on: “Sustainable Conventional and Islamic Microfinance Models for Micro Enterprises”. The second best paper was: “Stemming Water-Related Deaths in Sub-Saharan Africa: The Place of Islamic Project Finance & Malaysian Contractors” presented by Abdullahi A. Umar from Universiti Teknologi Petronas; and prepared by the presenter, Umulkhairu H. Umar, Mahadi Ahmad, Noor Amila W. A. Zawawi and Abdul Rashid Abdul Aziz. The third best paper award went to the paper: “Developing Benchmark Index for Monitoring Compliance with Maqasid al-Shari’ah” presented by Alaa Alaabed from INCEIF; written by the presenter, Prof. Hossein Askari (The George Washington University), Dr Zamir Iqbal (The World bank) and Adam Ng (INCEIF).

In the category of Award for the Best Paper from University, Universiti Kebangsaan Malaysia was awarded for the first best paper. The paper was jointly written by Siti Ngayesah Ab Hamid and Dr Wan Jamaliah Wan Jusoh and was titled: “Perceived Image of Zakat Institutions in Malaysia: Assessing the Influence of Reputation, Corporate Communications, Service Accessibility and Contact Personnel”.  The second best paper award was secured by Universitas Muhammadiyyah Yogykarta for the paper: “Assessing Financial Stability on Islamic Banks and Its Contribution to Economic Growth: Empirical Evidence from Indonesia” presented and authored by Dimas Bagus Wiranata Kusuma, and co-authored by Masyudi Muqorrobin. The third best paper award in this category went to University of Ferhat Abbas, Setif, Algeria for the paper in Arabic: “دور مؤسسة الزكاة في التنمية الاقتصادية والاجتماعية المستدامة مشروع مقدم لتطوير ومأسسة صندوق الزكاة وإقامة المجمعات الوقفية الزكوية المتكاملة في الجزائر” presented and prepared by Prof. Dr Salah Salhi.


Concluding Remarks

Prof. Dr. Mohamad Akram Laldin, Executive Director of ISRA, delivered the concluding remarks, in which he asserted the significance of such events for the purpose of knowledge sharing and development of Islamic Finance. He thanked all the sponsors and organising team for putting up the hard work and congratulated them for the success of the event. He appreciated all the presenters and enthusiasm and interest of the participants. He hoped that the ISRA would continue its zealous efforts in contributing in the Islamic Finance through its high quality events and knowledge sharing platforms in the future.


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name year language author Document
Moslem Boarding School’s Role in Accelerating Islamic Economic Growth in East Java 2014 English Suhartono
Initiating Fiqh Empowerment (Fiqh Al-Tamkin) in Achieving Prosperity: Perspectives of Al-Quran and As-Sunnah 2014 English Moch Taufik,Yulizar D. Sandrego
Maslahah Performa, Maslahah Based Organization 2014 English Achmad Firdaus,Ahmad Mukhlis Yusuf
Stemming water-related deaths in Sub-Saharan Africa: the Place of Islamic Project Finance & Malaysian Contractors 2014 English Abdullahi A. Umar,Mahadi Ahmad,Umulkhairu H. Umar,Noor Amila W. A. Zawawi
Developing Benchmark Index for Monitoring Compliance with Maqasid al-Shari’ah 2014 English Adam Ng Boon Ka,Alaa Alaabed,Hossein Askari,Zamir Iqbal
Assessing Financial Stability On Islamic Banks and Its Contribution to Economic Growth: Empirical Evidence from Indonesia 2014 English Dimas Bagus Wiranata Kusuma,Masyhudi Muqorobin
Factors Affecting Exporters - Importers in Choosing International Trade Transactions through Islamic Foreign Exchange Banks 2014 English Warsidi
Adoption of Islamic Hire Purchase Product (AITAB): Role of Automobile Dealership, Sales Advisor, and Customer Literacy on AITAB Adoption 2014 English Fithriah Ab Rahim,Maisarah Ahmad
Application of Choice Experiment in Islamic Finance Product Engineering 2014 English Shehu Usman Adam
Sustainable Conventional And Islamic Microfinance Models For Micro Enterprises 2014 English Ascarya
Assessing Performance Of Bmt Mmu And Ugt At Pesantren Sidogiri Using Modified Balanced Scorecard Approach 2014 English Purnama Putra
Challenges and Opportunities In Inheritance Distribution In Muslim Majority Country: A Case Study Of Indonesia 2014 English Dian Berkah
The Integration Of Syariah Bank Into Zakat Infaq And Sedekah Management In National Zakat Collecting Agency – Badan Amil Zakat Nasional (Baznas) In Indonesia 2014 English Suraji
Perceived Image of Zakat Institutions in Malaysia: Assessing the Influence of Reputation, Corporate Communication, Service Accessibility and Contact Personnel 2014 English Siti Ngayesah Ab Hamid,Wan Jamaliah Wan Jusoh
Financing Agriculture Sector Using Modes Of Islamic Finance 2014 English Tariq Naseem
Testing Sequential Financing Problem Hypothesis On Hybrid Securities: Analysis From Malaysia Islamic Capital Market 2014 English Hairulnizam Hashim,Ismail Ahmad,Mohamad Nizam Jaafar
The Influence Of Dow Jones Islamic Market, World Gold Price And Inflation On Jakarta Islamic Index, From 2008 To 2013 2014 English Egan Janitra,Masyhudi Muqorobin
The Potential Of Waqf For Sustaining Enterpreneurs: A Case Study In Ukm 2014 English Muhammad Hakimi Mohd Shafiai,Nor’Ain Abdullah
Shariah Issues On Takaful (Islamic Insurance) 2014 English Zainab Belal Omar
Developing a Model of Measuring Islamic Relationship Marketing Practice among Takaful Agents 2014 English Marhanum Che Mohd Salleh,Nurdianawati Irwani Abdullah
Intangible Assets: An Analysis Of Shariah Issues 2014 English Noor Suhaida Kasri,Shamsiah Mohamad,Said Bouheraoua,Syahida Abdullah
Exploring Shari’ah Compliant Model For Retirement Annuity Plan 2014 English Abdul Hakim Johari,Faisal Haroon Zai,Lokmanulhakim Hussain,Mohammad Mahbubi
دور مؤسسة الزكاة في التنمية الاقتصادية والاجتماعية المستدامة مشروع مقدم لتطوير ومأسسة صندوق الزكاة وإقامة المجمعات الوقفية الزكوية المتكاملة في الجزائر 2008 Arabic صالح صالحي
Social Exclusion As Socio-Economic Problem And Philanthropic-Based Solution 2014 English Nik Mohd Azim Bin Nik Ab Malik,Mohd Adib Ismail,Shahida Shahimi
PSIA In Islamic Banks: Classification And Accounting Treatment In The Financial Statements 2014 English Abdul Rahim Abdul Rahman,Mohamed Fairooz Abdul Khir,Romzie Rosman,Nur Ashik
Developing Performance Measurement Framework For Waqf Institutions: Beyond The Financial Measures 2014 English Zurina Shafii,Rochania Ayu Yunanda,Mustafa Mohd. Hanefah


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